Potential and challenges of payments for ecosystem services from tropical forests

Briefing papers
December 2007
Michael Richards and Michael Jenkins

This paper summarises current potential and challenges facing the development of payments for ecosystem services (PES) as a means of promoting the sustainable management or conservation of tropical forests, including the challenge of combining equity or poverty reduction objectives with environmental objectives, and the interaction of PES with broader forest sector and ‘extra-sectoral’ policies.

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